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Strategies & Market Trends : Option Spreads, Credit my Debit

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To: jjs_ynot who wrote (1777)11/17/2000 1:42:03 PM
From: KFE  Read Replies (3) of 2317
 
Dave,

Just did bull LEAPS call spread on AMD.

Bought Jan02 10
Sold Jan02 20
$5 debit.

Breakeven of $15 with an equal risk/reward ratio. If the stock remains unchanged for the year it will be a 100% return.

Looking to put some long term money in similar strategies.

Regards,

Ken
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